Bitcoin / 629 posts found
$1 Trillion Crypto Meltdown—Huge Crash Wipes Out The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra’s Luna And Avalanche
Bitcoin Bitcoin and cryptocurrencies have crashed further overnight, dropping to levels not seen since the crypto market began surging in late 2020 and wiping away almost $1 trillion worth of value in a month as a serious “ripple” warning comes into effect. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price has dropped to around $27,000 per bitcoin, down 12% on the last 24 hours, and dragging down the wider crypto market with other top ten coins ethereum, BNB BNB , XRP XRP , solana, cardano, and avalanche recording […]
Brazilian Digital Banking Giant Partners With Paxos to Offer Crypto Services
São Paulo-based Nubank, Latin America’s largest digital bank, has signed a partnership deal with blockchain infrastructure platform Paxos to support cryptocurrency trading services within its banking app. Nubank Supports Direct Bitcoin and Ether Trading In a press release on Wednesday (May 11, 2022), Nubank said its customers will be able to buy, sell, and hold bitcoin and ether directly via the banking app, with crypto purchases starting from $0.20. (1 BRL). According to the announcement, Nubank’s new service seeks to offer a simple and seamless cryptocurrency experience for its users. The co-founder and CEO of Nubank, David Vélez, said: “There […]
Crypto billionaires have lost big money amid the market’s slump. Here’s how much
Cryptocurrency Crypto billionaires have lost big money amid the market’s slump | Fortune You need to enable JavaScript to view this site. Read More
Gemini Denies Bitcoin Loan Rumors
The crypto exchange said today that it did not lend 100,000 BTC to any counterparties. Key Takeaways Gemini has denied rumors today that it lent 100,000 BTC ($3 billion) to BlackRock and Citadel. An unsourced rumor suggested the companies dumped the borrowed crypto, causing TerraUSD’s price drop. UST is currently valued at $0.65, below its intended $1.00 price peg but above the $0.32 mark touched earlier today. Gemini, a leading crypto exchange, has denied rumors suggesting that it made a large Bitcoin loan which contributed to UST’s stability crisis. Gemini Denies Lending Rumors Gemini has denied rumors that it issued […]
Michael Saylor: MicroStrategy Could Post Some Other Collateral for its Loan Besides its 115k BTC, if Bitcoin Drops below $3,562
Cryptocurrency Quick take: Michael Saylor has clarified that MicroStrategy can collateralize its $205 million loan from SilverGate bank with its 115,109 Bitcoin holdings He also added that Microstrategy could post ‘some other type’ of collateral if Bitcoin fell below $3,562 There have been a lot of murmurs about Microstrategy getting a margin call on its loan if Bitcoin fell below $21k Mr. Saylor had joked about working for McDonald’s as Bitcoin crashed below $32k and $30k Microstrategy’s CEO, Michael Saylor, has clarified via Twitter that the company’s $205 million loan from Silvergate bank needs to maintain a $410 million collateral. […]
Aussie crypto exchange CoinJar rolls our improved platform design
CoinJar, an Australian-based bitcoin & crypto exchange company, announced today that it has successfully rolled out a newly upgraded exchange platform. A number of tweaks and upgrades are now implemened on CoinJar’s trading platform, including: All new order book display. Customizable, information-rich design. Adaptive scrollbar for easier graph navigation. Layout performance improvements. CoinJar Exchange provides a set of modern and efficient APIs for developers to create automated trading strategies or access market data. “Offering 125 AUD, GBP, BTC, and USD stablecoin trading pairs, 0 taker fees (and maker fees that start at a low 0.1%), and one of the fastest […]
